5,596 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Bought by Wealth Alliance

Wealth Alliance purchased a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,596 shares of the company’s stock, valued at approximately $248,000.

Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at approximately $747,000. Advisory Services Network LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at $1,758,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth $253,000. Stifel Financial Corp bought a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter worth about $4,792,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $113,000.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS:IGEB opened at $46.57 on Friday. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The firm has a 50-day simple moving average of $45.66 and a 200 day simple moving average of $44.77.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1867 per share. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date was Tuesday, September 3rd.

iShares Investment Grade Bond Factor ETF Company Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.